Friday, 17 September 2010

Expiration Day

Thursday, 16 September 2010

Waiting....

Wednesday, 15 September 2010

The Practical Use of the Elliott Wave Principle

What if the market moves higher and the contracting triangle pattern is proved wrong? Of course there must be a new count given but from a practical perspective the analyst has been watching for the end of an 'upwardly' unfolding pattern since May 25th. The key is identifying when that pattern, whatever it may be, ends - because then we know a downward pattern is underway and we should not be long the SPX. And so we continue to watch for the end of the pattern from May 25th....

Tuesday, 14 September 2010

Monday, 13 September 2010